AFSA appoints new chief executive

Attorney General Michaelia Cash and Assistant Attorney General Amanda Stoker have announced Timothy Beresford as the new Chief Executive of the Australian Financial Security Authority (AFSA).

Mr Beresford, who was also appointed as Inspector General in Bankruptcy and Registrar of Personal Property Securities, will begin the five-year appointment of May 2, 2022.

Mr Beresford is a Fellow of the Australian Institute of Company Directors (AICD) and has worked since 2018 as Deputy Chief Executive of Global Customer Services at Austrade.

He also previously held Deputy Secretary positions at Austrade and, prior to joining the Commission, was Chief Operating Officer and Deputy Vice-Chancellor of Macquarie University.

Between 2003 and 2008, Mr Beresford also held senior roles at Westpac, including General Manager – Strategy, Consumer Financial Services and General Manager of Westpac Pacific Business Bank.

AFSA welcomed Mr Beresford to the executive agency in a statement.

“On behalf of the Australian Government, we congratulate Mr Beresford on his appointment and are confident that he will lead AFSA with diligence and distinction,” AFSA said.